Tuesday, March 24, 2026

Small Cap RUT Closed Higher...DJI, SPX, NDX Closed Lower...VIX, Volatility Rose...


© 2026


SPX -24.63, 6,556 closed above its 6-month support.   Breadth weakened, turned negative as decliners increased and led on both the NYSE and Nasdaq exchanges.   
NVDA -0.44, -0.25%, fell on 147.1 million shares. 

MU -8.82, -2.18%, four days after EPS $12.20 beat 9.21 est., Sales $23.86B beat 19.93 estimate, raised guidance, increased dividend.  Last Thursday, more than 22 analysts raised price targets between $40 and $350.  Daiwa raised PT to $700, and HSBC raised its PT to $750.

SPX advancers: LITE GLW HPE DELL COHR LYB DOW VRT ALB CF TER CIEN.
SPX decliners: AXON EL COIN IT TTD FICO CRM GEN DG NOW WDAY EFX.

SPY traded above average volume of 96 million shares.
VIX +0.80, 26.95
NDX -0.77%, closed above 4-month support.
DJI, 45,124, -0.18%, closed above the HOLD and above 4-month support area for a second day.


Mega caps TSM, TSLA, APPL rose and BRK/B, NVDA, AVGO, AMZN, META, MSFT, GOOGL fell on Tuesday.


Up: IWM,
Down: DIA, SPY, QQQ,

The SPY MFC green line is pointed down at 11.1, price-action closed below Friday’s high, above Friday’s low, below Monday’s close and at five-month support and is short-term bearish. -2.0

Six of eleven sectors (39.7%) were higher on Tuesday led by XLE, XLB and XLU


41 of 100 NDX stocks closed higher on Tuesday.

22 NDX stocks are above their 30 DMA: FANG, ROST, NLFX, PLTR, DDOG, INTU, MRVL, MSTR, ABNB, ARM, WDC, BKNG, KLAC, STX, EA, AMAT, AMD, BKR,  LRCX, AMD, BKR, CSCO,

NDX Stocks to Watch on Wednesday:
Moving Above 30 DMA = 1
CSCO,

Moving Below 30 DMA = 11
ADSK, AMZN, APP, AXON, CRWD, FTNT, PANW, PYPL, ROP, SNPS, VRSK,



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